In an interview in RTE Guide with John Barrowman also known as Capt Jack from Torchwood and Dr Who. He mentioned that he was not sure what is going on with Torchwood. His exact words from that article was this

“If there’s a pause button, we’ve pushed the pause button now because we don’t know what’s happening”, he says. “I would love to do a new series and I will play Captain Jack as long as they want me to play Captain Jack, but it’s in limbo at the moment and beyond my control.”

He also mentioned that he would love to see it on the big screen ;

“I think that Torchwood, more so than Doctor Who, lends itself to being a big film because it’s more adult”

He continued with an admiration for the 10th Doctor David Tennant.

“Now if it was Doctor Who with David (Tennant) playing the Doctor – I’m going to get in trouble for saying this – I’d happily do a film with him.”

Hey it is possible to have David Tennent in the Doctor role once more. Remember his cloned or alternate self that has all his memories but is human in nature is stuck with Rose in another dimension. I am surprise they never played on that one yet. Hmmm maybe that will be part of the anniversary theme. Getting back to the topic at hand. So it looks like there may be a long wait on a Torchwood 5 series. Some think it may be done with, that the series is ended but seeing how the response was overwhelming about the series and how it was a hit on Starz I have to be optimistic and say that it will be a Torchwood 5. Time will tell if my hunch was right or not.